eliassami5 Posted May 27, 2009 Report Share Posted May 27, 2009 So how do you find all these different kinds of companies, is there like an index of different types of companies and then their abbreviations? Tryna do some research right now and hopefully get into this. 91' Jeep Cherokee - The Heep Just Empty Every Pocket 96' Volvo 960 - The B◘x [sPL_4_U] HiFonics - Alpine Pioneer - Clarion Infinity - Kicker KnuKonceptz Link to comment Share on other sites More sharing options...
Bumpindemlowzz Posted May 27, 2009 Report Share Posted May 27, 2009 What do i apply for general investing? Its on Etrade? 2010 Silverado 18" DC XL 18 DC 2k XS Power Batts Link to comment Share on other sites More sharing options...
Texas Tech Posted May 27, 2009 Report Share Posted May 27, 2009 screw e-trade, do your own research and hop over to tradeking.com, 4.95 commission charge a trade. I do trade, but not with penny stocks, the 5-12 dollar range. It is actually THAT EASY. My main stock i trade is bank of america, but i watch around 25 stocks at the same time. Not many people are experienced with the stock market, and it is sort of intimidating to others, so of course a lot of people are not trading. The reason I trade with larger stocks is because I can buy and sell withing a couple days and make a hundred bucks. Those stocks will fluctuate 1.00 worth in one day. If you are trading with penny stocks, or stocks that arent even wroth .01 a share, if it does go up a cent, it went up 100%, and that is more than likely not going to happen over a short period of time. The one thing i hate about trading is the regulations, its anoying with unsettled funds, and trading restrictions to avoid day trading status bla bla bla Baylor University Accounting Link to comment Share on other sites More sharing options...
Texas Tech Posted May 27, 2009 Report Share Posted May 27, 2009 So how do you find all these different kinds of companies, is there like an index of different types of companies and then their abbreviations? Tryna do some research right now and hopefully get into this. There is a stock screener on any investing website, even google finance. But if you want to search for stocks, search by sectors or industry. You can do everything at Yahoo.com>Finance. Baylor University Accounting Link to comment Share on other sites More sharing options...
Texas Tech Posted May 27, 2009 Report Share Posted May 27, 2009 Shoot, i keep forgeting stuff. If you are sketcy about the situation, go to a virtual stock market and try it out, its fake but simulates the actual market Baylor University Accounting Link to comment Share on other sites More sharing options...
FiBTLforlife Posted May 27, 2009 Author Report Share Posted May 27, 2009 screw e-trade, do your own research and hop over to tradeking.com, 4.95 commission charge a trade. I do trade, but not with penny stocks, the 5-12 dollar range. It is actually THAT EASY. My main stock i trade is bank of america, but i watch around 25 stocks at the same time. Not many people are experienced with the stock market, and it is sort of intimidating to others, so of course a lot of people are not trading. The reason I trade with larger stocks is because I can buy and sell withing a couple days and make a hundred bucks. Those stocks will fluctuate 1.00 worth in one day. If you are trading with penny stocks, or stocks that arent even wroth .01 a share, if it does go up a cent, it went up 100%, and that is more than likely not going to happen over a short period of time. The one thing i hate about trading is the regulations, its anoying with unsettled funds, and trading restrictions to avoid day trading status bla bla bla im somewhat agree with what your saying but with the penny stocks, if u know what to look for they can be very rewarding. like i said bf, if you buy $5 stocks, you have to tie up allot of money, money that u may not be able to lose...so thats why i got the penny stock rout and invest $20 here $50 here and come out with $1,500 in the end. your right they dont go up over night in in a week sometimes, but who is going to compain if u throw $30 out there and sit on it for 2 months and come out with couple hundred or more. what u are doing is cool and nothing wrong with it, but you just have to tie up more money in your stock and buy, sell hell of allot more to make half the money. just my two cents on it 2 AQ 10'' HDC3 copper subs 1 3500d AQ amp 146.3db on TL with stock electrical in single cab truck at 32hz RESULT: 1st place at comp, 3rd overall out of 20 cars Link to comment Share on other sites More sharing options...
FiBTLforlife Posted May 27, 2009 Author Report Share Posted May 27, 2009 etrade is a great place for investing, saving money on interest rates, and your money is safe up to 250,000. their interest rate is 8x the normal rate of a bank saving account if u open up with a decent amount of money. im gone stick to my etrade, 1.) its $1 min to open up. 2.) great customer service and always answers a question you have the same day 3.) you can apply for a debit card and get free atm world wide 4.) i just like etrade, lol anyone lost on finding symbols for stocks just google a company. for example say you want to find uranium stocks, just type in uranium stocks, you will get a ton...then its ur job to research them and see what their future plans are, look at the charts, compare them, ect sounds difficult but when u start doing it u will find yourself making money, good luck to anyone who tries my hobby 2 AQ 10'' HDC3 copper subs 1 3500d AQ amp 146.3db on TL with stock electrical in single cab truck at 32hz RESULT: 1st place at comp, 3rd overall out of 20 cars Link to comment Share on other sites More sharing options...
BobbyG2 Posted May 28, 2009 Report Share Posted May 28, 2009 and one everyone should look into is BCFT $0.002 a share and i got 75,000 shares. its high was $1.10 last year and has promising drilling results. just an FYI Dang! If the stock goes up to $1.00, you'd have $75,000. If it goes up to the all-time high of last year ($1.10), you'd come out with $82,500! *New vehicle and system coming soon.* Link to comment Share on other sites More sharing options...
BrownRice Posted May 28, 2009 Report Share Posted May 28, 2009 dam man u really got me interested in this, not sure if im ready to jump in, but im tempted to harass u more about this hahaha Link to comment Share on other sites More sharing options...
Torres Posted May 28, 2009 Report Share Posted May 28, 2009 actually not everyone does it bc not everyone knows its this easy. thats what they want you to think. if you spend $100 on a $0.0002 stock and buy like 500,000 shares and that company goes to $0.01 or little more you have over $5,000 and sometimes u get luck and go to $1, you have half a million. my friend got me into it after he came out with $20,000 with the MGAFF stock. so dont let people (your mom) say its hard, i bet u can make more than she does.... people make the wrong mistake and buy into wrong things. they miss the concept of the situation, you are buying stocks to make money not sit on them for 2 years. if you buy a stock for $20, just how many shares u think u can afford and if that stock goes up to $25, u got what 20-30 bucks tops, verses you buy pennies stocks and u own 3-5k shares and it goes up 5cents, u get what im saying she doesnt do penny stocks either. plus i think she stays with the bigger ones, i think she said P&G went down and she lost money. she's not REALLY into it, just a little i think. i'm still intrigued nonethelessShoot, i keep forgeting stuff. If you are sketcy about the situation, go to a virtual stock market and try it out, its fake but simulates the actual marketthat's a good idea to try. i might try that out while i wait for my account to activate dam man u really got me interested in this, not sure if im ready to jump in, but im tempted to harass u more about this hahaha x2!! ima start small with etrade and get a few small things and see how it goes while i learn the ins and outs Link to comment Share on other sites More sharing options...
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